This “AS IS” teardown presents a rare opportunity to acquire a prime redevelopment site in the heart of Wynwood Norte, one of Miami’s most dynamic and rapidly evolving urban districts. This ±7,150 square foot lot is ideally suited for a boutique multifamily or mixed-use development under favorable T4-R / NRD-2 zoning, offering strong density potential and flexible design options. The property offers an excellent entry basis for developers seeking to capitalize on Wynwood’s continued growth, rising rental demand, and limited remaining supply of buildable land.The site is positioned just minutes from the Wynwood Arts District, Midtown Miami, Design District, and major transportation corridors, making it highly desirable for future residents and end users. New construction in the area supports strong rental rates and long-term appreciation, creating a compelling development and exit strategy.This is an ideal opportunity for investors and developers looking to secure a strategic infill site in one of Miami’s most sought-after urban neighborhoods.Feasibility Study and Offer Memorandom available upon request.
Property Details
Price:
$1,675,000
MLS #:
A11821788
Status:
Active
Beds:
0
Baths:
0
Address:
145 NW 31st St
Type:
Single Family
Subtype:
Residential
Subdivision:
PRICES ADDN TO ST JAMES P
Neighborhood:
pricesaddntostjamesp
City:
Miami
Listed Date:
Jun 13, 2025
State:
FL
ZIP:
33127
Lot Size:
7,150 sqft / 0.16 acres (approx)
Schools
Interior
Exterior
Other Structures
None
Financial
Tax Year
2024
Taxes
$12,404
Map
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145 NW 31st St
Miami, FL
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